The Clermont County Department of Community and Economic Development (DCED) is currently seeking qualified candidates for the position of Development Specialist. Clermont County is a growing community on the east side of Cincinnati that contains suburban, rural, and historic communities with a range of economic development needs. With a diverse and growing economic base, the county is fiscally stable and actively engaged in promoting economic development to increase the tax base and provide employment opportunities for residents.read more
The City of Newton Falls is accepting resumes for a Part-time Economic Development Director. The Director of Economic will plan, direct, manage, and oversee the operations of economic development under the guidance of the City Manager.
It will be particularly important to incentivize private investment to increase business development and housing options, and to support business development. Business attraction and retention are key to the community’s economic health.read more
Governor Mike DeWine, as part of his state operating budget kickoff, announced a broad and impressive $1 B Investing in Ohio program designed to impact the economic downturn created by the COVID 19 virus. Ohio like many other states around the country have experienced reduced revenues, and economic activity due to the pandemic and the governor is focused on provided resources and support to help spur economic activity while supporting small businesses in the state.read more
The mission of economic developers is to grow jobs and capital investment in our communities. While the distribution of employment and investment in communities around the country has long been a concern of Economic Development Organizations (EDO), the question about “WHO” in the community benefits from any increase in jobs and investment is attracting widespread attention.read more
Governor Mike DeWine’s Ohio Development Services Agency (DSA) operating budget proposal has clear winners and losers. Fueled by a planned influx of federal funding and additional Ohio General Revenue Fund (GRF) funding, Governor DeWine’s proposed DSA operating budget proposes a 37% decrease from all funding sources for a total FY 2022 budget of $1.7B and dropping to $1.4B in FY 2023. The big fiscal winners in the DeWine DSA budget are primarily focused on the Governor’s Investing in Ohio agenda focused on small business, broadband and small to mid-sized community infrastructure projects.read more
Lame Duck Results in Energy-Efficiency Deductions for Public Buildings and Airport Development Districts
New legislation enacted during the recent lame duck session of the General Assembly may alter the allocation of the federal income tax deduction granted for the design and installation of energy-efficient commercial building fixtures. Substitute Senate Bill 259, signed by Governor DeWine on January 9, 2021, requires public entities to allocate the energy-efficient buildings tax deduction to designers of public buildings upon such designers’ requests. (Note that public entities are prohibited from accepting fees, payments, or any other consideration for allocating the deduction.) After receiving an allocation request, the public entity has 15 days to respond, otherwise, the request is treated as though it was approved.read more
The Bridge Street District vision recently turned 10 years old – a significant milestone.
On October 25, 2010, Dublin City Council approved Resolution 50-10: Adopting the Vision Report and Implementation Strategy for the Bridge Street Corridor Plan. This action laid the foundation for a series transformational projects resulting in the thriving, and still-expanding, mixed-use Bridge Street District at the heart of our community.read more
Capital Bill in lame duck session: As the 133rd General Assembly winds down its affairs, on Tuesday, December 8, Ohio OBM Director Kimberly Murnieks described a $2.1B state capital budget.
Interestingly, SB 310, originally intended to carry federal COVID-19 allocations through the Ohio General Assembly, has been identified as the vehicle such a fast-tracked capital budget; the capital appropriations would be inserted into SB 310 as the bill sits in conference committee.
Hearings are scheduled for the week of December 14. Be on the watch for amendments as the measure must be reconciled between the existing House and Senate versions to clear conference committee.read more
Virtual Public Meetings during the COVID-19 pandemic: The Ohio Senate amended HB 404, ostensibly a measure to authorize university and college trustees to participate in meetings through electronic means, to include broadly applied emergency provisions related to COVID-19, several of which were to expire. Most relevant to local economic development practitioners, the bill includes: (1) Open Meetings Act – extends until July 1, 2021 the temporary authorization for members of a public body to hold and attend meetings virtually (this authorization under HB 197 was to expire December 1); and (2) Coronavirus Relief Fund – requires any unspent payments that cannot be redistributed locally to be paid to the state treasury.read more
House Bill 6 repeal: more civil litigation & lame duck efforts: On October 27, Columbus and Cincinnati filed their own lawsuit in Franklin County Common Pleas Court to block HB 6’s nuclear subsidies. Named defendants in the cities’ complaint include FirstEnergy Corp., Public Utilities Commission of Ohio Chair Sam Randazzo and State Treasurer Robert Sprague. The lawsuit seeks a preliminary injunction to block end user surcharges set to begin January 1. (All ratepayers in Ohio are required to pay up to 85 cents per bill as a means to providing up to $150 million to support the two nuclear plants located in Ohio.)read more
Centralized collections of municipal net profits taxes: The Ohio Supreme Court on November 5 issued its decision that the state can centralize the collection of municipal net profits taxes. But in the same decision, the Court held the State cannot levy an administrative charge on municipalities for such tax collection.
Specifically, the Supreme Court held to be constitutional the General Assembly’s effort to impose on municipal corporations a process of centralized tax collection. But the Court stated the same law allowing Ohio to retain 0.5% of collected municipal net-profits taxes amounts to the imposition of a fee, and therefore exceeds the General Assembly’s constitutional authority.read more
House Bill 6 Repeal Effort(s), Civil Litigation & Business Groups Step Forward: Work continued in committees – the House Select Committee on Energy Policy & Oversight and the Senate Energy & Public Utilities Committee – on three bills (HB 738, HB 746 & SB 346, described below) to straight-repeal HB 6’s nuclear energy subsidy program. One issue that’s been raised in the House Select Committee hearings is HB6’s use of 2018’s peak revenue for FirstEnergy as a reference year for the company’s entitled annual revenue levels via ratepayer subsidy charges. The nuclear subsidy charges are set to appear on ratepayer bills on January 1.read more
As the economy recovers and Ohio businesses across the state work to stay open or in some cases reopen, JobsOhio’s Northwest Ohio Network Partner, the Regional Growth Partnership, hosting OHZone, a virtual career fair, on Thursday, November 5, 2020.
The I70/75 Development Corporation is sponsoring a no-charge online presentation by Louis Gravance, open to all economic developers, on November 6th at 11:30am. Mr. Gravance is a customer service guru and former training designer for Walt Disney World in Orlando, Florida. After almost two decades with Disney, Louie was drafted by Bank of America and ING Financial to help re-think service in the investment industry.